Bio-Rad Labs (BIO) Tops Q4 EPS by 34c
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Bio-Rad Reports Fourth-Quarter and Full-Year 2021 Financial Results
February 10, 2022 4:15 PM ESTHERCULES, Calif.--(BUSINESS WIRE)-- Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb), a global leader of life science research and clinical diagnostic products, today announced financial results for the fourth quarter and year ended December 31, 2021.
Fourth-quarter 2021 net sales were $732.8 million, a decrease of 7.2 percent compared to $789.8 million reported for the fourth quarter of 2020. On a currency-neutral basis, quarterly sales decreased 6.9 percent compared to the same period in 2020. Fourth-quarter gross margin was 54.7 percent compared to 58.3 percent during the fourth quarter in 2020.
Life Science segment net sales for the fourth quarter were $326.6 million, a decrease of 23.8 percent... More
